Palmers Island NSW 2463: Property Market Report & Real Estate Insights
Part of Clarence Valley, NSW
Property Market
| Median Weekly Rent | $410.00 |
| Median Monthly Mortgage | $1658.50 |
| Median Persons Per Bedroom | 0.65 |
| Average Household Size | 2.00 |
| Average Age | 54.50 |
| Average Income | $654.50 |
| Average Cars Per Dwelling | 1.76 |
| Average Properties Within 50M | 7 |
Typical House Prices
| 1 bed property | $639,000 |
| 2 bed property | $898,000 |
| 3 bed property | $972,000 |
| 4 bed property | $1,350,000 |
| 5 bed property | $1,709,000 |
| 6 bed+ property | $1,340,000 |
Typical Homes & Property Types
Average Internet Speeds in Palmers Island
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Palmers Island Real Estate Market Outlook
Thinking about buying in Palmers Island? Now could not be a better time, with just 295 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,283,000 with prices in this suburb ranging from $47,000 to $6,134,000. Palmers Island is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Living in Palmers Island
In Palmers Island there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Palmers Island is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Palmers Island changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Palmers Island to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Palmers Island we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Palmers Island a better buying opportunity than it may have been in the past.
Instant Property ValuationPalmers Island, a tranquil locality in the Clarence Valley of New South Wales, offers a unique blend of rural charm and natural beauty, making it an attractive spot for prospective homeowners. The housing market in Palmers Island is characterized by spacious properties and a variety of home styles, from quaint cottages to modern family houses. With real estate prices generally more affordable compared to the bustling city markets, the area presents an appealing opportunity for those looking to escape urban living while still maintaining access to essential amenities. The region's semi-rural setting surrounded by lush fields and proximity to the Clarence River adds to the allure, drawing interest from both families and retirees seeking a peaceful lifestyle.
Living in Palmers Island provides residents with a serene and community-oriented environment. The locality is part of the larger Clarence Valley region, renowned for its outdoor recreational activities and picturesque landscapes. Residents enjoy a slower-paced lifestyle with opportunities for kayaking, fishing, and bushwalking, all within close reach. The sense of community is strong, with local events and gatherings fostering connections among neighbors. Moreover, its proximity to larger towns like Yamba offers additional conveniences, such as shopping, dining, and educational facilities, ensuring that living in Palmers Island provides both relaxation and practicality. This blend of peaceful rural living and accessibility to town amenities makes Palmers Island a delightful place to call home.
Houses for sale in Palmers Island
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4 Wentworth Street, Palmers Island, NSW, 2463 |  4 |
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Recently Sold Properties
| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2026-01-20 | $3,350,000 | 109 School Road | Palmers Island, NSW |
| 2025-11-11 | $1,190,000 | 99 Palmers Channel North Bank Road | Palmers Island, NSW |
| 2025-09-24 | $2,900,000 | 76 Mcconnells Lane | Palmers Island, NSW |
| 2025-06-20 | $900,000 | 13 School Road | Palmers Island, NSW |
| 2025-06-05 | $845,000 | 7 Dalley Street | Palmers Island, NSW |
| 2025-05-15 | $975,000 | 3 Carrington Street | Palmers Island, NSW |
| 2025-04-22 | $1,400,000 | 97 Middle Road | Palmers Island, NSW |
| 2025-04-07 | $840,000 | 5 Gordon Street | Palmers Island, NSW |
| 2024-06-04 | $470,000 | 16 Gordon Street | Palmers Island, NSW |
| 2024-05-28 | $640,000 | 15 Yamba Street | Palmers Island, NSW |
| 2024-03-06 | $850,000 | 1 / 85 Palmers Channel North Bank Road | Palmers Island, NSW |
| 2024-01-19 | $1,300,000 | 105 Palmers Channel North Bank Road | Palmers Island, NSW |
| 2023-12-22 | $2,200,000 | 65 Durrington Lane | Palmers Island, NSW |
| 2023-12-15 | $795,000 | 28 O Keefes Lane | Palmers Island, NSW |
| 2023-10-26 | $535,000 | 9 Carrington Street | Palmers Island, NSW |
| 2023-08-08 | $840,000 | 7 Carrington Street | Palmers Island, NSW |
| 2023-06-16 | $890,000 | 6 Wentworth Street | Palmers Island, NSW |
| 2023-05-12 | $860,000 | 5 Gordon Street | Palmers Island, NSW |
| 2023-05-10 | $930,000 | 219 Middle Road | Palmers Island, NSW |
| 2022-10-28 | $805,000 | 2 Dalley Street | Palmers Island, NSW |
| 2022-02-04 | $420,000 | 248 Palmers Channel North Bank Road | Palmers Island, NSW |
| 2022-01-31 | $791,500 | 7 Dalley Street | Palmers Island, NSW |
| 2021-12-01 | $735,000 | 7 Yamba Street | Palmers Island, NSW |
| 2021-11-26 | $3,420,000 | 68 Mcconnells Lane | Palmers Island, NSW |
| 2021-11-19 | $1,400,000 | 357 School Road | Palmers Island, NSW |
| 2021-11-10 | $1,800,000 | 14 Wiblens Lane | Palmers Island, NSW |
| 2021-10-27 | $750,000 | 4 River Road | Palmers Island, NSW |
| 2021-10-18 | $1,980,000 | 55 Middle Road | Palmers Island, NSW |
| 2021-10-01 | $510,000 | 15 Yamba Street | Palmers Island, NSW |
| 2021-08-20 | $860,000 | 13 School Road | Palmers Island, NSW |
| 2021-06-25 | $2,050,000 | 267 School Road | Palmers Island, NSW |
| 2021-03-19 | $980,000 | 2 / 85 Palmers Channel North Bank Road | Palmers Island, NSW |
| 2021-02-26 | $1,550,000 | 97 Middle Road | Palmers Island, NSW |
| 2020-12-10 | $635,500 | 2 Dalley Street | Palmers Island, NSW |
| 2020-12-01 | $465,000 | 5 Yamba Street | Palmers Island, NSW |
| 2020-11-25 | $860,000 | 56 Palmers Channel North Bank Road | Palmers Island, NSW |
| 2020-11-06 | $1,350,000 | 70 Mcconnells Lane | Palmers Island, NSW |
| 2020-11-02 | $550,000 | 2 Yamba Street | Palmers Island, NSW |
| 2020-10-07 | $275,000 | 5 Carrington Street | Palmers Island, NSW |
| 2020-08-14 | $1,720,000 | 74 Mcconnells Lane | Palmers Island, NSW |
| 2020-05-06 | $900,000 | 797 Yamba Road | Palmers Island, NSW |
| 2020-03-16 | $510,000 | 19 Yamba Street | Palmers Island, NSW |
| 2020-02-06 | $1,590,000 | 12 Wiblens Lane | Palmers Island, NSW |
| 2020-02-04 | $585,000 | 64 Mcconnells Lane | Palmers Island, NSW |
| 2018-12-17 | $1,250,000 | 260 School Road | Palmers Island, NSW |
| 2018-12-04 | $2,320,000 | 68 Mcconnells Lane | Palmers Island, NSW |
| 2018-12-04 | $605,000 | 363 Palmers Channel North Bank Road | Palmers Island, NSW |
| 2018-11-30 | $510,000 | 28 O Keefes Lane | Palmers Island, NSW |
| 2018-10-25 | $520,000 | 77 Palmers Channel North Bank Road | Palmers Island, NSW |
| 2018-09-20 | $437,500 | 10 Gordon Street | Palmers Island, NSW |
Local Schools
Is Palmers Island a safe suburb?
Incidents Trend State Average
Public Transport
Iluka Wharf - Less than 10 KM
Local Attractions & Points of Interest in Palmers Island
Yamba Bowling Club - Less than 10 KM
Yamba Bowls Club - Less than 10 KM
Iluka Golf Club - Less than 10 KM
Bicentennial Memorial Cairn - Less than 10 KM
Club Iluka - Less than 10 KM
Yamba War Memorial - Less than 10 KM
Yamba Shopping Fair - Less than 5 KM
Yamba Ocean Pool - Less than 10 KM
The Pinnacle Rocks - Less than 10 KM
Yamba Golf & Country Club - Less than 10 KM
Balmain East Weather – Average Local Climate by Month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 5 | 21.1 | 28 | 66.9 | 94.6 | 3.8 | 24.9 |
| Feb | 6.3 | 21.3 | 27.9 | 65.6 | 95.4 | 4.5 | 21.7 |
| Mar | 4.2 | 20.4 | 27.4 | 66.8 | 97.1 | 4.1 | 18.3 |
| Apr | 5.3 | 17.2 | 25.0 | 63.4 | 96.0 | 4.0 | 15.6 |
| May | 3.9 | 13.5 | 22.0 | 63.3 | 95.1 | 3.4 | 12.6 |
| Jun | 4.7 | 11.7 | 20.4 | 59 | 93.3 | 3.5 | 11.1 |
| Jul | 2.6 | 10.7 | 20.4 | 52.4 | 91.2 | 3.3 | 12.2 |
| Aug | 2.6 | 10.9 | 21.5 | 45.5 | 89.8 | 3.6 | 15.6 |
| Sept | 1.1 | 13.8 | 23.3 | 50.8 | 91.0 | 3.8 | 18.5 |
| Oct | 3.1 | 16.2 | 24.5 | 58.8 | 93.1 | 4.0 | 21.7 |
| Nov | 1.9 | 18.4 | 26.5 | 58.4 | 93.3 | 4.0 | 25.0 |
| Dec | 2.6 | 19.8 | 27.2 | 62.9 | 94.6 | 3.9 | 25.4 |
source: Australian Government Bureau of Meteorology
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